FirmaIQ
Org.nr 982 078 512 2019 → 2020 Year-over-year analysis

ABSHERON AS: årsregnskap 2020 vs 2019

Returned to profit, fresh owner capital

approved 2021-03-23; registry 2021-04-06; journal 2021 179696

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABSHERON AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -1.62m NOK → +338.7k NOK. Equity -659.4k NOK → -219.5k NOK.

On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSHERON AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-23.3k NOK -57.7k NOK
-147.7%
Net result
-1.62m NOK +338.7k NOK
+120.9%
Equity
-659.4k NOK -219.5k NOK
+66.7%
Cash
14.5k NOK 13.3k NOK
-8.2%
Total assets
2.85m NOK 4.61m NOK
+61.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.62m NOK to a profit of 338.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -659.4k NOK → -219.5k NOK (equity ratio -23.2% → -4.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 362.0k NOK → 463.1k NOK (+101.1k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -23.3k NOK → -57.7k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 14.5k NOK → 13.3k NOK (-8.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.77m NOK → 2.16m NOK. Reported fact